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14 11, 2019

Dividend Declaration: Victoria Mutual Investments Limited (VMIL)

2019-11-27T09:05:01-05:00

Date: November 14, 2019 Victoria Mutual Investments Limited (VMIL) has advised that at a meeting of its Board of Directors on November 13, 2019, a Resolution was passed approving the payment of a second interim dividend for 2019 of $0.16 per share, payable on December 11, 2019 to shareholders on record as at November 27,

14 11, 2019

Special Advisory: PanJam Investment Limited (PJAM)

2019-11-27T09:05:10-05:00

Date: November 14, 2019 PanJam Investment Limited (PJAM) has announced that the Company and Portland Private Equity have entered into an agreement to each acquire a 15 per cent ownership stake in Outsourcing Management Limited, which trades as itelbpo. For further details please visit the JSE’s website, www.jamstockex.com   Disclaimer: Analyst Certification -The views expressed

14 11, 2019

Trade in Shares: Mayberry Jamaican Equities Limited (MJE)

2019-11-27T09:05:17-05:00

Date: November 14, 2019 Mayberry Jamaican Equities Limited (MJE) has advised that a connected party purchased 116,778 MJE shares on November 11, 2019.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date

14 11, 2019

Trade in Shares: Mayberry Investments Limited (MIL)

2019-11-27T09:05:23-05:00

Date: November 14, 2019 Mayberry Investments Limited (MIL) has advised that a connected party purchased 4,744 MIL shares on November 11, 2019.   Disclaimer: Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of

14 11, 2019

JSE reports 39% increase in nine months net profit

2019-11-15T02:24:10-05:00

November 14, 2019 Jamaica Stock Exchange Limited (JSE), for the nine months ended September 30, 2019 recorded total revenue of $1.39 billion, a 38% increase when compared to the $1.01 billion booked for the prior year’s similar period. While total revenue for the quarter amounted to $515 million (2018: $339.53 million). Of this: Cess income

14 11, 2019

LASF reports 54% decline in six months net profit

2019-11-15T02:24:25-05:00

Date: November 14, 2019 LASF recorded for the six months ended September 30, 2019, a total of $1.22 billion in Trading Income; this represented a growth of 12% relative to the $1.08 billion recorded for the comparable period in 2018. For the quarter, Trading Income closed at $630.06 million (2018: $558.14 million), a growth of

14 11, 2019

Overseas Headlines-November 14, 2019

2019-11-14T15:48:41-05:00

November 14, 2019 United States: Powell Satisfied With Current Fed Interest Rates But Flags Risks “Federal Reserve Chairman Jerome Powell stuck to his view that interest rates are probably on hold after three straight reductions, while signaling that the U.S. central bank could resume cutting if the growth outlook falters. “We see the current stance

14 11, 2019

ROC reports $9.62 million Loss for Nine Months

2019-11-26T09:10:42-05:00

November 14, 2019 IronRock Insurance Company Limited, for the nine months ended September 30, 2019 posted gross premium of $474.61 million relative $381.51 million reported in 2018; this represents a 24% increase year over year. For the third quarter, gross premium was $156.06 million relative to $99.40 million for 2018, up 57%. Proportional reinsurance amounted

14 11, 2019

PJAM reports 72% increase in nine months net profit attributable to shareholders

2019-11-14T04:24:27-05:00

November 13, 2019   PANJAM Investment Limited (PJAM), for nine months ended September 30, 2019 reported a 31% increase in total income to $3.50 billion relative to $2.68 billion booked for the prior year’s corresponding period. For the quarter, total income decreased 23% to close at $1.20 billion (2018: $1.56 million).  Of total income: Investment income

14 11, 2019

SEP reports 21% decline in nine months net profit attributable to shareholders

2019-11-27T09:06:02-05:00

Date: November 14, 2019 Seprod Limited (SEP) posted revenue totalling $24.80 billion compared to $14.70 billion recorded for the same period of the prior financial year, representing a 69% increase year over year. Seprod noted, “This was driven primarily by the acquisition of the Facey Consumer Division in Q4 2018 and by an increase in

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